The Tax Exchange - February 2018
The best part of giveaways is that they are free to the fans – no increased ticket price, and more importantly, no sales tax! But does that mean the giveaways are tax free?
Despite minimal impact, employers likely need to change processes or reporting related to fringe benefits in order to comply with tax reform.
India’s Central Board of Direct Taxes has recently introduced draft rules for public comment that implement master file and country-by-country (CbC) fling requirements.